Keren Hayesod Account of Palestine Expenditures from 1921 to 1927 is Given

(Jewish Telegrashis Ageney)

From the beginning of its activities in April, 1921 until June, 1927, the Keren Hayesod has spent in Palestine for the upbuilding of the country £2,989,723. Of this sum the largest part, £947,866 was spent on Agricultural Colonization; £621,285 on Urban Colonization, Trade and Industry Investments and Public Works; £542,651 on Education; £326,448 on Immigration; £235,142 on the Health Service; £179,351 on Religious and Communal Institutions and £136,979 on Zionist Administration in Palestine.

The Head Office of the Keren Hayesod received during October 1927 a sum of £29,280. The major portion of this amount was sent by South Africa which transmitted £13,000. Of this amount £3,000 represents the regular remittances, and the remaining £10,000 is a special remittance to alleviate the present situation, and will be deducted from next month’s remittances. The United States remitted during the current month £10,435, or half of the regular sum. Germany sent £1,509, Poland, £902, Erez Israel £648, Bessarabia £600, Australia £458, Strasbourg £201, and New Zealand £200.

There were no remittances from England and South America.

The Keren Hayesod collected during the past financial year (October 1926 September 1927) the sum of £583,616. This is the largest amount raised by it in any single year. Last year’s income was £520,318 so that an advance of 12 percent, has been achieved, notwithstanding that the receipts in the summer fell short of the standard reached in the earlier months.

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